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Transport pricing is high on the political agenda throughout the world, but as the authors illustrate, governments seeking to implement this often face challenging questions and significant barriers. The associated policy and research questions cannot always be addressed adequately from a...
Persistent link: https://www.econbiz.de/10011179631
Non-recurrent congestion is frequently caused by accidents and other incidents. We estimate the causal effect of incident duration on drivers' time losses through changes in non-recurrent road congestion on Dutch highways. We demonstrate that incident duration has a strong positive, but concave,...
Persistent link: https://www.econbiz.de/10011051526
Although the growing economics of parking literature almost exclusively focuses on the drivers' choice between curb and garage parking (and the consequences of non-optimal pricing), we are not aware of a substantial literature of revealed-preference studies which examines this choice. As a...
Persistent link: https://www.econbiz.de/10011132097
type="main" xml:id="obes12027-abs-0001" <title type="main">Abstract</title> <p>In the extensive job search literature, studies assume either sequential or non-sequential search. This article introduces a novel method to test the hypothesis that firms search sequentially based on the relationship between the number of...</p>
Persistent link: https://www.econbiz.de/10011031957
The decision to move job and the decision to move residence are closely related dynamic discrete choices, as both moves involve a change of commuting distance. This suggests that labour and residential mobility are mutually dependent and should be simultaneously analysed, based on a theory which...
Persistent link: https://www.econbiz.de/10005391481
With informational frictions on the labor market, hedonic wage regressions provide biased estimates of the willingness to pay for job attributes. We show that a recent theoretical result, which states that variation in job durations does provide good estimates in case of a basic on-the-job...
Persistent link: https://www.econbiz.de/10005510203
We develop an equilibrium job search model in which employees incur endogenous commuting costs. This model leads to the following conclusions:<br> 1.Firms partially compensate workers for the incurred commuting costs.<br> 2.When workers have more bargaining power, they will receive less compensation for...
Persistent link: https://www.econbiz.de/10005281748
We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs.
Persistent link: https://www.econbiz.de/10005281917
This paper introduces and applies a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach...
Persistent link: https://www.econbiz.de/10005556782
We test a number of hypotheses derived from search theory about spatial job and residential moving behaviour of two-earner households using data for Denmark. In line with theory, we demonstrate that residential mobility depends positively on the commuting distance of both spouses, but negatively...
Persistent link: https://www.econbiz.de/10005225288